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Agricultural Finance Survey
 
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    NAME OF ORGANISATION
    Australian Bureau of Statistics (ABS)

    OVERVIEW
    The Agricultural Finance Survey (AFS) is an annual survey with a population consisting of all economic units (management units) which are classified to subdivision 01 Agriculture of the Australian and New Zealand Standard Industrial Classification (ANZSIC) based on their principal activity and which had an estimated value of agricultural operations of $22,500 or more. Around 250 items of financial data are collected including income, expenses, debt, interest paid, asset acquisition and asset value. Data is produced at Australian and State level by industry classification.

    PURPOSE
    The prime objectives of the Agricultural Finance Survey (AFS) are to collect and publish financial statistics for individual agricultural industries and for the agricultural sector of the economy as a whole on a basis similar to other economic collections undertaken by the ABS. In particular, the AFS aims to provide data which can be used to assess and monitor the financial performance and viability of agricultural industries by State and for Australia.

    SCOPE
    All Agricultural Management Units in Australian and New Zealand Standard Industrial Classification (ANZSIC) Division 01, as recorded on the ABS business register, with an Estimated Value of Agricultural Operations (EVAO) of $22,500 or more.

    DATA DETAIL

    Conceptual framework
    The AFS provides a measure of the financial activity for the Agricultural sector of the economy. The scope is all Management Units classified to the
    Australian and New Zealand Standard Industrial Classification (ANZSIC) subdivision 01 with an Estimated Value of Agricultural Operations (EVAO) of $22,500 or above. The population is stratified by State, Industry and Size.

    Main outputs
    State x Industry financial estimates of totals, means and ratios, and number of live Management Units.

    Classifications
    State, Industry, size group.

    Major financial aggregates include:

    • Turnover
    • Purchases and selected expenses
    • Value added
    • Adjusted value added
    • Gross Operating Surplus
    • Cash Operating Surplus
    • Gross Indebtedness
    • Net Indebtedness
    • Value of Assets
    • Net Worth

    Other concepts (summary)
    Not applicable

    GEOGRAPHIC DETAIL
    Australia
    New South Wales
    Victoria
    Queensland
    South Australia
    Western Australia
    Tasmania
    Northern Territory
    ACT

    Comments and/or Other Regions
    Data from the ACT is included with NSW, data from NT is included in the Australian total and not published separately.

    COLLECTION FREQUENCY
    Annually

    Frequency comments
    not applicable

    COLLECTION HISTORY
    1967-68 First full scale test for proposed Farm Expenditure survey.
    1968-69 Pilot test by mail approximately 3000 holdings. No results released.
    1970-71 Proceeds as well expenses collected.
    1972-73 Sample increased to 6000
    1973-74 Sample increased to 10,000
    1976-77 All field interview approach adopted. Sample reduced to 3,500
    1981-86 Discontinued
    1986-87 Reintroduced
    1989-90 Collection responsibility transferred to National Project Centre (NPC) in Hobart
    1992-93 Estimates presented by Australian and New Zealand Standard Industrial Classification (ANZSIC) replacing Australian Standard Industry Classification (ASIC)
    1993-94 Multi State apportionment methodology introduced. Sample size reduced to 2,600.
    1999-2000 AFS will be suspended for 2000-2001, future data to be obtained from Australian Bureau of Agricultural Resource Economics (ABARE)

    DATA AVAILABILITY
    Yes

    Data availability comments
    Data is collected by interviewers starting in September. Preliminary results are available in February the following year and final estimates are available in October.


    DATE OF LAST UPDATE FOR THIS DOCUMENT
    15/09/2004 02:26 PM



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